1978 - Agreements of the state.

§  1978. Agreements of the state. The state of New York does pledge to  and agree with the holders of the bonds and notes that  the  state  will  not limit or alter the rights hereby vested in the authority to acquire,  lease,  mortgage or dispose of real or personal property or any interest  therein  or  construct,  improve,  enlarge,  operate  and  maintain  the  project,  to  fix,  establish  and  collect the rates, rentals, fees and  other charges referred to in this act and to fulfill the  terms  of  any  agreements  made  with the holders of the bonds and notes, or in any way  impair the rights and remedies of such bondholders and noteholders until  the bonds and notes, together with interest  thereon,  interest  on  any  unpaid   installments  of  interest,  and  all  costs  and  expenses  in  connection with any  action  or  proceeding  by  or  on  behalf  of  the  bondholders and noteholders are fully met and discharged.